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Atmrix

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Atmrix

About

KN

Kirsty Nathoo

08/22/19

@ Y Combinator

Many startups fail to realize they are running out of cash until it's too late to turn things around.

Video

YC

Kirsty Nathoo - Managing Startup Finances

@ Y Combinator

Kirsty Nathoo - Managing Startup Finances

08/22/19

Related Takeaways

KN

Kirsty Nathoo

08/22/19

@ Y Combinator

Most startups fail because they run out of money, but you can avoid this by understanding your cash balance, expenses, and having a clear plan for profitability.

GF

Gregg Favalora

06/12/13

@ Harvard Innovation Labs

Many startups fail because they don't adequately map out the flow of money in their target market, which is essential for securing funding and sustaining operations.

YC

Y Combinator Cast

02/13/25

@ Y Combinator

Many startups fail because they don't communicate effectively with their investors, leading to a lack of awareness about their financial status and spending mistakes.

PB

Paul Buchheit

07/17/19

@ Y Combinator

Many startups fail to manage their resources effectively, often doing less with more, leading to wasted funds without tangible results.

EM

Eric Migicovsky

10/13/18

@ Y Combinator

After raising money, many startups forget how to be scrappy and creative, which is often essential for success in the early stages.

KN

Kirsty Nathoo

08/22/19

@ Y Combinator

Startups often underestimate their expenses, especially in the early days when founders may undervalue their own time and efforts.

PB

Paul Buchheit

10/25/18

@ Y Combinator

Surprisingly, many startups fail due to having too much funding, which can lead to a lack of urgency and detachment from customer needs.

YC

Y Combinator Cast

05/07/22

@ Y Combinator

The 'fatal pinch' concept highlights that many founders don't realize they're in a critical situation until it's too late, often leading to dire consequences for their startups.

YC

Y Combinator Cast

05/07/22

@ Y Combinator

It's crucial for founders to recognize when they are in a precarious financial situation and to act quickly to assess their runway and make necessary adjustments.